CBN Urges Nigerians to Handle Naira With Pride, Dignity
The Central Bank of Nigeria (CBN) has urged Nigerians, particularly traders and other frequent cash handlers, to treat the naira with care, pride and dignity to prolong the lifespan of…
Browsing Tag
Naira
4 Nigerians Arrested in India Over Multi-Million Naira Romance Scam
Victims were reportedly emotionally manipulated through online relationships and later defrauded with promises of expensive gifts, luxury items, and foreign currency allegedly being sent to…
Naira Emerges as Ninth Weakest Currency in Africa
The Nigerian naira has been ranked the ninth weakest currency on the African continent, according to a recent assessment of exchange rate performance against the U.S. dollar.…
Black Market Dollar to Naira Exchange Rate Today, September 18, 2025
The exchange rate between the United States Dollar (USD) and the Nigerian Naira (NGN) continues to fluctuate at the parallel market, popularly known as the black market or Aboki…
Naira Ends Week Bullish, Gains 77 Kobo Against Dollar at Official Market
The naira appreciated by 77 kobo against the U.S. dollar on Friday, July 18, 2025, closing the week at N1,532.34/$1 at the official market.
This marks a 0.05 per cent gain from…
Nigerians should not condemn Tompolo over Naira abuse allegations – EFCC
Ola Olukoyede, the chairman of the Economic Financial Crimes Commission, has warned Nigerians against condemning Niger Delta warlord, Government ‘Tompolo’ Ekpemupolo, over allegations of…
Edo PDP Commends EFCC for Arresting Okungbowa Over Alleged Naira Abuse
The Edo State chapter of the Peoples Democratic Party (PDP) has applauded the Economic and Financial Crimes Commission (EFCC) for swiftly arresting Kelly Okungbowa, also known as…
Naira crude sale reduces FX risks, transaction costs – Tinubu
The Federal Government said the introduction of the sale of crude oil in Naira was a strategic move to enhance operational efficiency of local refineries by reducing foreign exchange risks…
Naira Strengthens Further, Trades at N1,510.72/$ at Official Market
The Naira continued its upward trend at the official market on Wednesday, appreciating by 0.78% to trade at N1,510.72 per dollar.
Data from the FMDQ Securities…
Naira Declines by 0.12% Against Dollar, Hits ₦1,652.25
The Naira recorded a slight depreciation at the official market on Friday, trading at ₦1,652.25 against the dollar.
Data from the FMDQ Exchange trading platform indicated a ₦2.05 drop in…